18622 Each Elm Way
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 23, 2022 | Sold | ||
| Sold | |||
| May 13, 2022 | Listed by Haven Properties | $375,000 | |
| Listed by Haven Properties | |||
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2-story 4 BD/2.5 bth/2 GA with office brick home in the desirable Barkers Trail community. Features freshly painted interior, wood like flooring throughout first floor, new carpet throughout second floor where all secondary bedrooms & game room are located, gourmet kitchen with recent stainless gas range & dishwasher. Primary bedroom with ensuite bathroom, double sinks, tub with separate shower & walk-in closet. Backyard with storage shed & more than enough room for a pool. Just a short walk away from Cullen Park, with 3-miles of walking/biking trails, picnic areas, and baseball/soccer fields. Easy access to I-10, Park & Ride Facilities. Zoned to the highly-acclaimed Katy ISD. Low HOA fee. Refrigerator Excluded.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017